Global Defense Tactical Radio Market – Market Size & Forecasting To 2032

Global Defense Tactical Radio Market – Market Size & Forecasting To 2032

The global defense tactical radio market is estimated to reach at usd 12.17 billion in 2023 at a cagr of 10.44% between 2023 and 2032. Growing the importance of efficient communication drives the market largely. In addition, application in various industries, such as public safety, and increased demand for wireless communication that helps provide the end user with protected and noise-free information also drive the growth of the industry. Moreover, continuous initiatives by government and other regulatory bodies in emerging economies to encourage high awareness and use of tactical radio among military forces are expected to generate significant tremendous opportunities for players operating in the coming periods in the defense tactical radio market.

Tactical communications are military communications in which information of any type, particularly orders and military intelligence, is transmitted from one command, person or place to another on a battlefield, especially during the operation for special purposes. Additionally, tactical radio with advances in defense technology is now smaller in size, lightweight, and less expensive. Some of the major players on the market are continually operated new product, technology such as Bittium specializes in military radio and communication, company providing advanced wireless and wire line tactical communications products and services. Also, in November 2018, Harris Corporation received type-1 certification from the national security agency (nsa) for it’s an/prc-163 multi-channel handheld networking radio-bringing groundbreaking capabilities to the war fighter with the ability to expand in the future.

The defense tactical radio market has been segmented into type, application and fit. By type, the market is split into handheld, and vehicle-mounted. By application, the market is segmented into special operation force (sof), army, navy, and air force. Special operation forces (sof) use tactical radios extensively to facilitate the exchange of military intelligence and conduct rapid and unexpected threats on unsuspecting opponent. Increasing numbers of conflicts in regions such as America, Africa and Asia push the need for sof deployment. The use of tactical radios for sof operations continues to increase due to the improved features of the equipment for military radio communication. By fit, the market is segmented into line fit & retrofit.

By region, this market is segmented by North America, Asia Pacific, Western Europe, Eastern Europe, The Middle East, And the Rest of the World (South America and Africa). North America denotes the developed region coupled with the major market share owing to the higher implementation of advanced technology. In addition, it is anticipated that increased wireless communication and wide-ranging application with advanced features such as better sound quality, geofencing and are projected to fuel the market growth. In addition, high defense development and increased government and public safety are also projected to be the key attributed growth factors.

Asia pacific is expected to develop rapidly with progressive market share increase due to the presence of emerging economies like India, China, and others. In addition, development of technology and increased demand for effective communication in the war field coupled with increased demand for better security and increased government investment in defense are expected to propel market growth.

The competitive scenario highlights the performance of major companies operating in this market. This includes detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in the recent years. Major companies profiled in the market includes Bae Systems, Inc., Barrett Communications Pty. Ltd, Cobham Plc, Codan Limited, General Dynamics Corporation, Harris Corporation, Leonardo S.P.A, Raytheon Company, Rockwell Collins, Inc., Thales S.A. and others. These companies have adopted product development, expansion, and merger strategies to consolidate market position amongst intense competition.